3100930
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Lwadelka
New Member

what form do i fill out to correct a taxable amount 2b is checked that they were unable to determine the tax amount

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

what form do i fill out to correct a taxable amount 2b is checked that they were unable to determine the tax amount

You do nothing to correct that. Enter your 1099R just as it appears and let the software calculate how much is taxable.   The financial institution that issued your 1099R does not know about your other income so they do not determine how much of your distribution is taxable.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
dmertz
Level 15

what form do i fill out to correct a taxable amount 2b is checked that they were unable to determine the tax amount

What is the code in box 7 of the Form 1099-R?

Is the IRA/SEP/SIMPLE box marked?

 

If the IRA/SEP/SIMPLE box is not marked, why were they unable to determine the taxable amount.

what form do i fill out to correct a taxable amount 2b is checked that they were unable to determine the tax amount

@Lwadelka 

 

if there IRA box was not checked, is there an amount in Box 9b? if there is no amount in Box 9b, then everything is taxable.  If there is an amount in Box 9b, then post back and I can explain how to calculate what is taxable. 

 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question